slowed

November job growth slowed but will still show strength despite layoffs and hiring freeze

November job growth slowed but will still show strength despite layoffs and hiring freeze

Workers sort packages at a FedEx Express facility during Cyber ​​Monday in Garden City, New York on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Job growth in November was expected to have slowed but remained strong, even in the face of layoffs and job freezes at major companies. The economy is …

November job growth slowed but will still show strength despite layoffs and hiring freeze Read More »

The Fed's favorite inflation gauge slowed in October

The Fed’s favorite inflation gauge slowed in October

Inflation showed welcome signs of moderating in October, but remained uncomfortably fast even as a slew of economic data underlined that a return to normal price increases could take time. Prices as measured by the Personal Consumption Expenditure Index, the metric the Federal Reserve is watching most closely, rose 6% in the year to October, …

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